Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Gross Proceeds Worth Rs. 11469.39 Crore Received by the Government through Disinvestment of 9.50% of Paid up Equity Capital in NTPC Limited through Offer for Sale (OFS) Mechanism

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Gross Proceeds Worth Rs. 11469.39 Crore Received by the Government through Disinvestment of 9.50% of Paid up Equity Capital in NTPC Limited through Offer for Sale (OFS) Mechanism
News and Press Release
Dated:- 8-2-2013

Press Information Bureau Government of India Ministry of Finance 08-February-2013 17:35 IST The Offer for sale (OFS) transaction in NTPC Ltd. was held on 07.02.201 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 3. A total number of 783,262,880 shares were sold at the cut off price of Rs. 145.55 against the Floor Price of Rs. 145 per share fixed by the Empowered Group of Ministers (EGoM) held on 05.02.2013. The realization has been at an average price of Rs. 146.43 per share. The Issue has been subscribed 1.70 times and the overall response at BSE and NSE and allocation thereon are under: NTPC LTD OFS SU .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... MMARY AT BSE + NSE LTD Exchange No. of shares % subscription Allocated Qty Allocation % BSE 486,044,227 36.59 323,729,204 4.33 NSE 842,411,392 63.41 459,533,676 58.67 Total 1,328,455,619 100.00 783,262,880 100.00 The category wise investors' participation in the OS at BSE & NSE and allocation is as under: TOTAL BSE+NSE BID QTY AFTER ALLOCATION Category Bid Count Bid Qty. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Bid Amt (Rs. Crs) Amt in % Banks 50 86,699,044 1266.95 11.05 Client 5916 62,376,395 913.48 7.96 FIIs 187 351,930,444 5152.55 44.92 Insurance 170 194,497,816 2852.84 24.87 Mutual funds 125 65,471,410 957.94 8.35 Other Fin. Inst. 18 6,709,539 98.16 0.86 Proprietory 376 15,578,232 227.47 1.98 Total 6842 783,262,880 11469.39 100.00 The gross proceeds to the Go .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... vernment of India, of the OFS are Rs. 11469.39 crore. **** DSM/RS/ka
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates